Coca-Cola Amatil
’s chief financial officer, Nessa O’Sullivan, was the second highest-paid executive at the company in 2012, with a 14 per cent rise in remuneration to $2.08 million, swapping third place with the head of the Australasian business, Warwick White.

O’Sullivan still doesn’t make the list of 10 highest-paid CFOs in the country. Moses is the only woman so far to do so, with remuneration for 2011-12 of $3.76 million. The highest-paid finance boss was Peter Allen, finance director at Westfield Group, on $5.85 million.

According to Coca-Cola Amatil’s 2012 full-year financial results to the end of December, White was awarded $2.06 million. Chief executive Terry Davis’s pay was $7.95 million.

These amounts are all so-called statutory figures. They don’t reflect what the executives actually received in 2012 as they include the value of performance-related pay, including share allocations, that only vest when company performance hurdles are met.

However, 56 per cent of CCA executives’ remuneration is short-term, including base salary.

On her base salary of $816,667, O’Sullivan is also now the second highest-paid executive at the company, swapping places with the managing director of Australian operations, John Murphy.